public undertakings definition
public undertakings means public undertakings as defined in point (b) of Article 2 of Commission Directive 2006/111/EC.
public undertakings means any undertaking over which the public authorities may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it. A dominant influence on the part of the public authorities shall be presumed when these authorities, directly or indirectly, in relation to an undertaking:
public undertakings means any undertaking over which the public authorities may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it. A dominant influence on the part of the public authorities shall be presumed when these authorities, directly or indirectly, in relation to an undertaking:
(i) hold the majority of the undertaking's subscribed capital;
(ii) control the majority of the votes attaching to shares issued by the undertaking; or
(iii) can appoint more than half of the members of the undertaking's administrative, managerial or supervisory body.
More Definitions of public undertakings
public undertakings means any undertaking over which the public authorities may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the
public undertakings means any undertaking over which the public authorities may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it. A dominant influence on the part of the public authorities shall be presumed when these authorities, directly or indirectly, in relation to an undertaking :
public undertakings means public undertakings as defined in point (b) of Article 2 of Commission Directive 2006/ 111/EC on the transparency of financial relations between Member States and public undertakings as well as on financial transparency within certain undertakings, as amended from time to time;
public undertakings means any undertakings over which the public authorities may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it. A dominant influence on the part of the public authority shall be presumed when these authorities, directly or indirectly, in relation to an undertaking either hold the majority of the undertaking’s subscribed capital; or control the majority of the votes attaching to the shares issued by the undertaking; or appoint more than half of the members of the undertaking’s administrative, managerial or supervisory body.
public undertakings means any under- taking over which the public authorities may exercise directly or indirectly a dom- inant influence by virtue of their owner- ship of it, their financial participation therein, or the rules which govern it;